"so why is house prices going up much more faster than it ever used to?
If there is no reason for it to go up, then its going to trend back down isnt it?"
If supply exceeds demand, prices rise. drdan posted an article that is total rubbish, no doubt pushing his barrow. Perhaps he and others of his ilk should show a little less contempt for the intelligence of HC readers. Here is a good refutation of the article:
http://www.businessspectator.com.au/bs.nsf/Article/Wrong-Daily-Reckoning-pd20090826-VA5GE?OpenDocument&src=is&is=Property&blog=Concrete%20Detail
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"so why is house prices going up much more faster than it ever...
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